Shares News

Cairn Energy shares rose in London on Friday on press speculation that India's Oil and Natural Gas Corporation is eyeing the company's Rajasthan assets. Cairn Energyshares rose 3.1% in the top London index, outperforming peers BG Group (BRG) , Royal Dutch Shell (RDSA) and BP (BP) , which were all about 0.4% higher in morning trading. A report in the Daily Mail newspaper highlighted revived s ...

U.S. stock futures are indicating a flat-to-higher open Friday as a pullback in the price of crude was offset by weakness in blue-chip media giant Walt Disney Co. Dow futures were up 6 points at 12,147, Nasdaq 100 futures were unchanged at 1,750.50 while S&P 500 futures rose 0.70 point at 1,384.70. "In anticipation of the election we were up 200 points so clearly we've had very strong mo ...

Lucy Farndon in Beijing, Daily Mail10 November 2006 City focus: Royal Bank of Scotland's investment in China is showing plenty of eastern promise. Lucy Farndon reports from Bejing... Daily Mail Deputy City Editor Lucy Farndon, reporting from Bejing WANT TO KNOW MORE? Why China will beat the rest How you can profit from China OTHER STORIES Hornby puts Airfix back on track Market report: Friday latest Market report: Yesterday's trading City scoffs at NTL move for IT ...

BOSTON (AFX) - First Marblehead Corp., which provides private education loans, said Friday its board approved a three-for-two split of its common stock. The board also declared a regular 12-cent quarterly cash dividend on the post-split common stock. Both the new post-split shares and dividend payout will occur on Dec. 4 to stockholders of record as of Nov. 20. As of Sept. 30, First Marblehead  ...

BURLINGTON, Mass. (AFX) - Voice-over-Internet Protocol services provider iBasis said Friday it will delay filing its third-quarter 10-Q report with the Securities and Exchange Commission, because it needs more time to complete its internal stock option grants review. A committee of independent iBasis directors has conducted an internal investigation relating to stock options grants, the timing of ...

LONDON (AFX) - UK blue chips were flat midday, having repaired morning losses thanks to the mining sector's recovery and an M&A-related jump in Cairn Energy shares, and ahead of an expected firmer open on Wall Street amid easing oil prices, dealers said. At 11.58 am, the FTSE 100 index was just 1.8 points weaker, off an early morning low of 6,229.70, while the FTSE 250 index rallied. Volume  ...

AMSTERDAM (AFX) - Share prices were off their lows at midday, as US futures pointed to a positive Wall Street open, making investors take heart, dealers said. At 12.42 pm, the AEX index was down 0.21 pct or 1.03 point at 492.87, after opening at 493.23 and trading in the 490.89-494.05 range. Government bonds traded mainly higher, while the euro stood at 1.2862 usd compared with 1.2832 late yeste ...

HOUSTON (AFX) - Independent oil and gas company Plains Exploration & Production Co. said late Thursday it moved to a profit in the third quarter, boosted by gains stemming from the sale of its oil and gas properties. Net income climbed to $272.7 million, or $3.50 per share, from a prior-year loss of $31.8 million, or 41 cents per share. Results include a $345.5 million pre-tax gain on the sal ...

HOUSTON (AFX) - Westlake Chemical Corp., which makes petrochemicals and plastics, said Friday that its board declared a regular dividend of 4 cents per share on its stock. The company will pay the dividend on Dec. 1 to stockholders of record on Nov. 17. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

European shares traded in the red on Friday morning, hurt by a concerns over U.S. consumer sentiment data and recent oil price strength and as the downturn in pharmaceuticals stocks such as GlaxoSmithKline and AstraZeneca continued. The U.K. FTSE 100 indexslipped 0.33% at 6,210.80, as both GlaxoSmithKline ( GSK) and AstraZeneca (AZN) shares lost around 1.5%. Friday represents the third day o ...